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out offeight. There -was no demonstration different from an ordinary
parade in any city.
The banners were few. One said the headquarters of the Calumet &
Hecla mines were in, Boston, and another that the headquarters of the.,
Waddell-Mahon gufimen- were in Sing Sing. The entire population turned
out and there was much sympathy expressed for the miners and their
wives and children.
At the monster rink meeting the principal speakers were President
Charles H. Moyer of the Western Federation of Miners and John Lennon,
treasurer of the American Federation of Labor. Lennon assured the strikers
that the entire organized labor movement of the North" American continent
was back of them. Both speakers urged the strikers to obey the law and
leave lawlessness to the militia and Imported gunmen, ' t
Speeches were made In Finnish, Creation, Italian and Hungarian, and'
all the speakers urged the men to stand, firm. These men are striking for
a minimum wage or $ a uay lor men ;
who work underground, -for an eight-
hour day, and for two men to operate
a .drilling machine instead of one.
The machine weighs from 135 to 140
The men' now work underground
from 10 to 12 hours and don't aver
age $2.20. I saw mine company
check showing that after all. deduc
tion tad been made 'the miner got
$27 for a month's work. TJuder the
Butte agreement the lowest wage
paid any miner by the Anaconda
Company in Montana is $3 a day, and
the minimum for a man working
eight hours underground is $3.50.
The Calumet & Hecla Company-
was organized in 1871, with a capital
stock of $2,500,000, of which .only
$1,200,000 was paid in. It has paid
$121,000,000 in dividends during, the
past forty years, an average of $3,
000,000 a year, besides paying over
$40,000,000 for equipment, Including
railway and transportation stock, and
also investing about $25,000,000 in
other mines and leads.
In one month in 1907 the Calumet
& Hecla earned over $1500,000 or
$300,0Q0..more than the original" in
vestijie.nt. It has paid- in,- dividends
100 times;the original investment, or
10,000 per cent, which is 250 per cent
a year since its organization.
' From 1898 to 1908 the company
pUld $52,500,000 In dividends, an
average of $5,250,000 a year, or 437
per cent. .In 1907 it earned over
$14,000,000 net profit and paid less
than half of it in dividends. The
Calumet & Hecla bought enough
stock to control1 about fourteen
mines, and has practically the same
board of directors for all companies.
Most of the stock is owned in Bos
ton. Quincy Adams Shaw draws a
salary of $100,000 a year as m-esi-
dent and $20,000 a, year as director.
Rudolph E. L. Agassiz, grandson of
the famous Louis Agassiz, draws
$50,000 a year as first vice-president
and $20,000 as director. Jaines Mc-.
Naughton, the big Toss and un-
crowned king of the copper country,
.draws $25,000 as second vice-president,
$20,000 as director and $40,
000, s "general manager." He also
drawsa salary as .general, manager
ot the various other mines controlled
by the Calumet & Hecla. The other
directors, F. L. Higginson and WJ
Hunniwell, draw $20,000 eachK' All
these, except McNaughton, live at
George A. Flegg, secretary-treasurer,
draws $20,Q00; his assistant
$10,000and E. D. Leavitt consulting
engineer, draws $25,000, making a
total payroll of efflcers and directors
of $370,000 a year from the Calumet
& Hecla, besides what they pay them-
selves from the other mining com
panies. Theris in reality a mining tniBt
controlled by the directors of the
Calumet Hecla. Through stock!